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Larry Barasch, ABR, CRS, GRI

Coldwell Banker
Residential Brokerage
Babylon, New York
Licensed Real Estate Broker Associate
(Cell) 516-449-2222

(Office-Direct) 631-274-1955

Contact Me

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$174,000 Under Contract

110 Millard Ave.
West Babylon, NY 11704

1 bed, | Residential - MLS# 3065619
Property Photo
1/25

Description

Fisherman's Wharf 1 BR Lakefront Co-Op Fisherman's Wharf 1 BR Lakefront Co-Op Mint Condition 'A' Size 1 bedroom 2nd floor Lakefront Co-Op Priced to sell at $ 174,900 ! # 110 Millard Avenue, West Babylon, NY. It is a 1 bedroom 1 bath 2nd floor 'A' size co-op with a private cedar balcony overlooking the lake (accessed from Andersen sliders from the bedroom) , and just steps from parking, laundry, pool, gym, clubhouse and 2 new tennis courts. The asking price is only $174,900 and the monthly maintenance is $826.99 which is approximately 67% tax deductible and includes all bills except for electric, phone and cable. Most dogs & cats are allowed. The unit is in Mint condition. It features wall-to-wall carpeting in the livingroom, dinette, hallway, and bedroom. The kitchen offers a stainless glass top oven, stainless microwave oven, refrigerator and stainless dishwasher, as well as updated cabinets and recessed and pendant lighting. There are also two bulit in A/C units, raised panel interior doors and access to attic storage. The bathroom is remodeled and is very nice and clean and features updated fixtures. The unit offers updated windows, vinyl siding, roof, gas heat, and FIOS installed. This is also a gated community. This a 1 bedroom 'A' size upper unit, with Andersen sliding doors from the bedroom out to the balcony, and approximate room sizes of: 15x11 bedroom with closet; 18x12 livingroom/dinette and an efficiency kitchen. Please remember: Co-Op Board requirements: 15% down payment is minimum, and minimum income required is $ 54,581 if going for a mortgage, or $ 44,657 if buying cash, plus no higher than a 3-to-1 debt-to-income ratio. (Total monthly payment for mortgage and maintenance combined would be about $ 1580.25 per month, assuming 15% down payment, 30 year mortgage at 4.5%.) Not including PMI insurance, if applicable. Beats the heck out of renting or living in mom's basement! Co-Op application fees total $1050 for a single person; $1200 for a couple. The monthly maintenance can be reduced by about $100 per month by applying for the NY State STAR exemption, reducing the monthly payments even more!

Features

  • Basement: None
  • Condition: Mint
  • Deck: Lakefront Balcony
  • Fireplace: No
  • Floor/Covering: Carpet
  • Heating/Cooling: Gas HW-2 A/C's
  • List Date: 09/07/2018
  • Lot Size: -
  • Monthly Maintenance: $ 826.99
  • Pets: OK
  • Pool: Yes
  • School District: 1-Babylon Village
  • Sewers: Yes
  • Style: Co-Op
  • Type: Co-Op
  • Year Built: 1978

Larry Barasch, ABR, CRS, GRI
Licensed Associate Broker
Coldwell Banker Residential Brokerage

136 West Main Street
Babylon, NY 11702
Cell: 516-449-2222 
Office/Direct: 631-274-1955
Email: Larry.Barasch@cbmoves.com

Your Professional Long Island Realtor
Providing a superior level of informed, professional real estate services to buyers and sellers. I take pride in my hard work and dedication to my clients and customers, and it will be MY pleasure to make all of YOUR dreams come true! Selling Long Island co-ops, Long Island condos and Long Island homes every day.


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